Jordanian’s Economic Challenges & Aspirations: An Empirical Examination

Abstract

Abstract:After the Arab spring, Arabic countries including Jordan faced a number of economic challenges. On the basis of a qualitative study of 68 Jordanian consumers, the authors address the key economic issues Jordanian consumers are currently concerned about and look forward to have them solved in the next 5-10 years. The findings suggested six main issues have been troubling the Jordanian consumer and an empirical examination of three main economic sectors was also conducted, providing a number of recommendations for improving these sectors and addressing these issues. This research is one of the first to systematically study the challenges and aspirations of Jordanian consumers after the Arab Spring.

The Consumer, the Consumed, & the Devastated: A Longitudinal Study of Jordanian Consumers

“…From the decrease of monthly incomes and the inflation of the prices of goods and services due to the lack of proper supervision of the local markets, in addition to the imbalance in imposing taxes and fees, Which has often been in the interest of the stakeholders of the traders and manufacturers (Obeidat et al, 2016). All this has happened as a result of the change of some laws and laws for the benefit of stakeholders whose number has increased and their potential and potential.…”

“…The continuous bombing of the Egyptian gas line, the blockage of trade between Jordan, Iraq and Syria due to the ongoing war in these countries, and the increased pressure placed on Jordan water, health, and educational resources, all posed serious economic and social issues to Jordanians (Obeidat Obeidat, Obeidat, and Xiao, 2016). As a response, a continuous increase in the inflation rates, shortage of products, decrease in income levels, the diminishment of the middle class, the increase in the unemployment levels (i.e.…”

“…The importance of this study stems from the economic, social and psychological effects that have negatively affected the Jordanian society as individuals and families as a result of the crushing wars which led to political and economic instability in the neighbouring countries. Consequently, the instability of various kinds in the neighbourhood led to negative economic and social effects to the Jordanian society (Obeidat et al, 2016).…”

“…The importance of this study stems from the economic, social and psychological effects that have negatively affected the Jordanian society as individuals and families as a result of the crushing wars which led to political and economic instability in the neighbouring countries. Consequently, the instability of various kinds in the neighbourhood led to negative economic and social effects to the Jordanian society (Obeidat et al, 2016).In general, individuals, families and economic institutions of Jordan have been affected by a series of declines. From the decrease of monthly incomes and the inflation of the prices of goods and services due to the lack of proper supervision of the local markets, in addition to the imbalance in imposing taxes and fees, Which has often been in the interest of the stakeholders of the traders and manufacturers (Obeidat et al, 2016).…”

“…Consequently, the instability of various kinds in the neighbourhood led to negative economic and social effects to the Jordanian society (Obeidat et al, 2016).…”